I presume SOL think Retail Food Group now has a chance to succeed after coming through a torrid 5 years of cleaning up after the previous dubious management.
Growth in sales across its brands demonstrates that something is working quite well.
If SOL's assessment is wrong then it is now protected, but at the same time RFG is now, not at the mercy of the banks, and remember Exec Chairman Peter George convinced the banks to take a haircut of around $130 million (from Memory) at the height of the storm engulfing RFG.
When you look back it was Peter George that saved RFG and allowed it to continue to trade. All congratulations to him.
RFG is now on a far better path but of course longterm shareholders like me have had most of our investment wiped out.
In the share market it is "Big Boys Game, Big Boys Rules'.
RFG Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
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